James A. Pittman-USA TODAY Sports

The Washington Nationals have signed manager Dave Martinez to a two-year contract extension and are nearing a new deal with general manager Mike Rizzo, The Athletic reported Monday.

Martinez, who managed the Nationals to a World Series championship in 2019, is receiving a club option for a third year. Rizzo, who has been the team's GM since 2009, is expected to get a similar deal.

Both Martinez, 58, and Rizzo, 62, are completing the option years on their current deals.

In the third season of their rebuild, the Nationals seem to be turning a corner, having won 12 of their past 17 games and posting a 21-14 record since the All-Star break.

Martinez took over Washington's managerial duties in 2018 and has posted a 378-455 (.454) record despite losing several stars over the past few seasons. Bryce Harper and Anthony Rendon left via free agency, and the Nats dealt away Max Scherzer, Trea Turner and Juan Soto at recent trade deadlines.

More must-reads:

TODAY'S BEST
Dodgers add recently acquired left-hander to active roster
Report: 2023 No. 7 pick expected to terminate KHL contract, join Flyers
Mavericks advance to Western Conference Finals aided by controversial call late
Connor McDavid, Oilers hammer Canucks to force Game 7
Tyson Fury-Oleksandr Usyk epic increases excitement for potential rematch
Seize the Grey wins in muddy Preakness
Even Mike Budenholzer admits the Suns need a point guard
Watch: Juan Soto's first multi-homer game as a Yankee
Xander Schauffele, Collin Morikawa lead at PGA Championship
Knicks could get major boost for Game 7 showdown with Pacers
Giants All-Star pitcher suffers setback in recovery from injury
Panthers star named winner of 2024 Selke Trophy
WNBA to investigate $100,000 sponsorship deals for Aces players
Tiger Woods blames one big factor for missing the cut at PGA Championship
'Ain't good enough': Draymond Green claims Celtics must 'win it all' or it's a 'failure'
Blue Jays GM wants struggling club to feel 'massive sense of urgency'
Raptors expected to flip former NBA champion during the offseason
MLB insider reveals Mets' massive extension offer that Pete Alonso turned down
Celtics legend provides update after gruesome finger injury
Bulls hire former NBA head coach as top assistant